Property Prices Comparison Between Colombia and Colombia

For major cities in those countries you get more relevant data by specifying cities.

City in Colombia:
City in Colombia:

Index	Colombia	Colombia
Price to Income Ratio:	19.06	19.06
Mortgage as Percentage of Income:	280.99%	280.99%
Loan Affordability Index:	0.36	0.36
Price to Rent Ratio - City Centre:	20.96	20.96
Price to Rent Ratio - Outside of Centre:	21.18	21.18
Gross Rental Yield (City Centre):	4.77%	4.77%
Gross Rental Yield (Outside of Centre):	4.72%	4.72%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Colombia Edit	Colombia Edit	Difference
Apartment (1 bedroom) in City Centre	1,383,920.57 Col$	1,383,920.57 Col$	0.0 %
Apartment (1 bedroom) Outside of Centre	1,126,484.82 Col$	1,126,484.82 Col$	0.0 %
Apartment (3 bedrooms) in City Centre	2,505,580.63 Col$	2,505,580.63 Col$	0.0 %
Apartment (3 bedrooms) Outside of Centre	1,967,986.37 Col$	1,967,986.37 Col$	0.0 %
Buy Apartment Price	Colombia Edit	Colombia Edit
Price per Square Feet to Buy Apartment in City Centre	589,452.30 Col$	589,452.30 Col$	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	477,125.73 Col$	477,125.73 Col$	0.0 %
Salaries And Financing	Colombia Edit	Colombia Edit
Average Monthly Net Salary (After Tax)	1,506,163.78 Col$	1,506,163.78 Col$	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	13.80	13.80	0.0 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	147	147

Country data (source The World Bank, 2024)	Colombia	Colombia
GDP Per Capita (PPP) ($) :	15,600.00	15,600.00
GDP Growth Rate:	7.26	7.26
Population Growth Rate:	0.54	0.54

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